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HomeMy WebLinkAbout2020-074RESOLUTION NO. 2020-074 A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, AMENDING THE COUNTY BUDGET OFFICER'S ESTIMATES OF RECEIPTS OTHER THAN TAXES AND OF BALANCES TO BE BROUGHT FORWARD FOR FISCAL YEAR 2020-2021 AND ADOPTING A FINAL BUDGET FOR THE GENERAL FUND. WHEREAS, the Budget Officer of Indian River County has ascertained the needs and the fiscal policy of the Board of County Commissioners for the ensuing fiscal year and did prepare and present to the Board a tentative budget for fiscal year 2020-2021 including all estimates of receipts, taxes to be levied, and balances expected to be brought forward and all estimated expenditures, reserves, and balances to be carried over at the end of the year; and WHEREAS, the Board of County Commissioners of Indian River County did examine the tentative budget and held public hearings, pursuant to law, to consider input from the citizens of Indian River County with respect to taxes to be levied and the amounts and the use of money derived from the levy of taxes, NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that: 1. The County Budget Officer's estimates of receipts other than taxes and of balances to be brought forward for the General Fund are hereby revised as set forth in Exhibit "A" attached hereto. 2. The Board of County Commissioners of Indian River County hereby adopts the budget as set forth in Exhibit "A" attached hereto, as the final budget for fiscal year 2020-2021 for the General Fund. The resolution was moved for adoption by Commissioner Solari , and the motion was seconded by Commissioner 0Bryan , and, upon being put to a vote, the vote was as follows: Chairman Susan Adams Vice Chairman Joseph E. Flescher Commissioner Peter D. O'Bryan Commissioner Bob Solari Commissioner Tim Zorc AYE AYE AYE AYE AYE The Chairman thereupon declared the resolution duly passed and adopted this 23rd day of September, 2020. Attest: Jeffrey R. Smith Clerk of Court and Comptroller By`2e,>J w C(212Q i Deputy Clerk Attachment: EXHIBIT "A" BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNT ORIDA B il.Y.. Q,�r�ey Susan Adams . . ... ° Chairman ( ' = r PPR )VEDA TO FOAM L.I.i AL SUFFICIENCY BY -AN ?REi GOLD +,,'NTS ATT ORNE',,> 1.9UN:',..pP;; .. BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS FISCAL YEAR 2020/2021 GENERAL FUND ESTIMATED REVENUES: Federal Sources $35,000 State Sources 3,229,754 Local Sources 7,492,042 Ad Valorem Taxes 69,368,918 Non -Ad Valorem Assessments 0 User Fees 0 Sub -Total 80,125,714 Less 5% per F. S. 129.01(2)(b) (4,006,286) Net 76,119,428 Interfund Transfers 21,366,747 Cash Forward -October 1, 2020 1,922,317 TOTAL ESTIMATED REVENUES AND BALANCES $99,408,492 EXPENDITURES/EXPENSES: General Government $18,388,152 Public Safety 57,614,181 Physical Environment 442,574 Transportation 500,000 Economic Environment 521,535 Human Services 6,240,015 Internal Services 0 Culture/Recreation 7,600,635 Court Related Costs 554,819 Interfund Transfers 6,683,819 TOTAL EXPENDITURES/EXPENSES 98,545,730 Reserve for Contingencies 862,762 Cash Forward -September 30, 2021 0 TOTAL APPROPRIATED EXPENDITURES AND RESERVES $99,408,492 EXHIBIT "A"